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Inspiring Innovation: Hong Kong and Macau School Teams Dominate 2025 ROBOFEST World Championship

HONG KONG, May 30, 2025 /PRNewswire/ — 

Hong Kong and Macau Elites Step onto the International Stage

Talented innovators from schools in Hong Kong and Macau once again went global in 2025, taking part in the annual international robotics competition, ROBOFEST, organised by Lawrence Technological University, USA. This globally renowned competition attracts participants from over 20 countries and regions, all showcasing their unique designs and creativity.

A total of over 130 students from 21 primary and secondary schools representing Hong Kong and Macau travelled to the United States to participate in multiple competitions from May 15th to 17th. They competed against more than 1,000 contestants from around the world, including the United States, China, Canada, Saudi Arabia, Egypt, Mexico, and others. The elite teams from Hong Kong and Macau performed exceptionally well, together winning 28 major awards, including 9 championships and 5 runner-up prizes. These results demonstrate our students’ outstanding ability and innovation in robotics, earning high praise from the judges.

True Light Primary School and Kindergarten Team: On the Road to the World’s Best

The RoboArt team, consisting of four girls, showcased remarkable perseverance. Having won second place in their first competition two years ago, they learnt from the experience and, through dedication and training, returned this year to claim both the championship and the Most Popular Award. The judges commended their work for its technical excellence and artistic expression. Behind this victory lies a story of persistence and creativity, inspiring the girls to face challenges and bearing witness to their growth and progress.

Student’s Perspective: From Fun to Dreams, Robotics Inspires the Future

BottleSumo champion Wong Yan Tai from Pui Ching Primary School in Hong Kong has been involved in robotics since Year 1, five years ago. After the competition, he shared: “Robotics competitions have taught me to solve problems in different ways. The process is challenging but also great fun.” Wong hopes to design robots to assist humans in space exploration one day. His experiences have not only improved his technical skills but also fostered innovation and problem-solving abilities.

Parents’ Testimony: Learning Experiences Boost Confidence and Problem-Solving Skills

Wong Yan Tai’s parent shared: “At first, he was a bit nervous, but with more practice and competition experience, he learnt how to tackle problems, manage his emotions and stress, and communicate with teammates. At the competition, seeing so many peers from around the world interacting created a lively atmosphere, which has had a very positive influence on their development.”

He added that his child is proactive in learning during lessons and continues to explore ways to improve robot designs at home, developing a greater interest in science. “Teachers have commented that he is enthusiastic in class. Participating in competitions and training courses has boosted his confidence and problem-solving ability, which will benefit his future studies as well.”

Inspiring Young People to Drive Future Innovation and Technology

As the organiser of the Hong Kong and Macau regional qualifiers, the Robot Institute of Hong Kong is proud of all the teams’ achievements. The competition enabled students to compete against teams from all over the world, showcasing their learning, enhancing their problem-solving skills, and fostering teamwork. In addition to the competition itself, students had the opportunity to experience new cultures and make new friends. The Institute hopes that the efforts and achievements of young people will inject new energy into technological innovation in Hong Kong and Macau, driving future development.

Systematic Learning Helps Students Realise Their Potential and Achieve Excellent Results

Teams from the Robot Institute of Hong Kong have won multiple world championships for four consecutive years. Parents believe that the Institute’s structured learning approach and the rich experience of its mentors have helped students achieve outstanding results in competitions. The combination of learning and hands-on practice cultivates skills and further motivates students to pursue excellence and showcase their talents.

ROBOFEST Hong Kong & Macau
Official website: https://www.robofesthk.org/2025rfus 
Regular courses are now open for enrolment: www.rihk.com/2025robot 

Will InDrive Return? App Blocked Across Laos Amid Legal and Technical Turmoil

BANNED InDrive

On 28 May, the popular taxi application InDrive became suddenly inaccessible to customers and drivers in Laos.

Asia-Pacific Marine Engine Leader Weichai Launches Premium WH17 Marine Power, Earning Recognition from Korean Customers

SEOUL, South Korea, May 30, 2025 /PRNewswire/ — As a leading brand in the marine engine market in the Asia-Pacific region, Weichai continues to strengthen its strategic presence in the Korean market. In recent years, it has successfully launched the WH17 series—a new generation of premium marine power solutions. With outstanding performance and cutting-edge technology, this product line has rapidly gained recognition from key customers in Korea’s seaweed farming and fisheries sectors.

“In the demanding operational environment around Mokpo, where tidal changes are drastic, the WH17 engine has demonstrated exceptional adaptability and reliability, along with outstanding fuel economy,” said a manager from a seaweed farming company in Mokpo, South Jeolla Province.

Weichai Group, as a globally leading multinational industrial equipment conglomerate, has achieved a significant milestone with the WH17 series, which represents the culmination of seven years of advanced R&D at Weichai. Covering a power range from 1,000 to 3,200 horsepower, it has undergone over 10,000 hours of rigorous bench tests and accumulated more than 1 million hours of sea trials. Specifically optimized for Korea’s complex maritime conditions, it delivers exceptionally stable and robust power output even in rough seas with high waves and strong currents. At the same time, it achieves industry-leading fuel efficiency, significantly reducing customers’ operating costs.

Leveraging its well-established local service network in Korea, Weichai is actively expanding the success of the WH17 series into more demanding vessel segments, such as transport vessels, engineering ships, and passenger ships. This move further solidifies its position as the Asia-Pacific leader in marine power solutions.

mF International Limited Announces Results of Annual General Meeting

HONG KONG, May 30, 2025 /PRNewswire/ — mF International Limited (the “Company” or “mF International”) (Nasdaq: MFI), a Hong Kong-based experienced financial trading solution provider, today announced the results of its annual general meeting of shareholders held in Hong Kong on May 30, 2025.

At the meeting, the shareholders of the Company approved, ratified, and/or confirmed the following resolutions:

  • The re-appointment of Yu Certified Public Accountant, P.C as the Company’s independent registered public accounting firm for the year ending December 31, 2025;                                 
  • The re-appointment of Mr. Tai Wai (Stephen) Lam as a director of the Company, to hold office until the next annual general meeting;
  • The re-appointment of Mr. Chi Weng Tam as a director of the Company, to hold office until the next annual general meeting;
  • The re-appointment of Mr. Sum (Philip) Cheng as a director of the Company, to hold office until the next annual general meeting;
  • The re-appointment of Ms. Lai Sum (Christina) Liu as a director of the Company to hold office until the next annual general meeting;
  • The re-appointment of Mr. Cheuk Ho Chan as a director of the Company, to hold office until the next annual general meeting;
  • That each of the issued and outstanding 4,204,775 Class A ordinary shares of no par value, each with 1 vote per share, and 9,046,892 Class B ordinary shares of no par value, each with 20 votes per share, be consolidated on an 8:1 basis.

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. The Company’s principal Hong Kong subsidiary, m-FINANCE, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located over mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Trader Pro, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: https://ir.m-finance.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “views,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited
Investor Relations Department
Email: ir@m-finance.net

ICR, LLC
Robin Yang
Email: mFInternational.IR@icrinc.com
Phone: +1 (646) 308-1475

Noah ARK’s first “N+Global Lounge” travels through tariff fluctuations and customer companionship special season

SHANGHAI, May 30, 2025 /PRNewswire/ — The asset allocation in 2025 is entering a highly uncertain restructuring cycle. The old logic of globalization is loosening, and wealth managers are facing not only short-term fluctuations, but fundamental changes in order.

In early April, the United States raised tariffs on Chinese goods to 145%, causing a sudden cooling of Sino US trade. A few weeks later, the two sides reached a preliminary agreement in Geneva, agreeing to reduce the additional tariffs from a peak of 125% to 10%.

However, for global wealth managers, this round of tariff game is still full of uncertainty, and the current “easing” is only a temporary respite. In the negotiations, the United States suspended the implementation of 24% of the “equivalent tariffs” set in April for 90 days, and imposed a 20% tariff on fentanyl citing the issue.

In this context, the ability to discern the direction of global structural fission will directly affect the effectiveness and resilience of asset management.

So, how to lay out assets in the global game? How to identify uncontrollable variables and master the controllable situation?

On May 15th, the first edition of the “N+Global Meeting Room” focusing on tariff issues, with the theme of “The survival changes that Chinese enterprises must face in 2025”, conducted in-depth discussions on the trends of Sino US economic and trade, changes in the world pattern, and asset allocation strategies.

According to Noah’s survey of clients participating in this event, in the current volatile market, 80% of high net worth clients are more concerned about how to effectively reduce risks, with 31% of clients realizing the necessity of achieving their goals through global diversification.

Most wealth managers have also come to realize that only by adjusting their asset allocation strategies can they cope with uncertainty calmly. As pointed out in our CIO report for the first half of 2025, strategic asset allocation adjustments and rebalancing are key measures for managing risks.

The market is unpredictable, but strategies can be effective. When the situation becomes increasingly complex, the elimination method may be a more reliable way of judgment: first identify the risks that must be avoided, and then look for opportunities that can be seized.

Noah ARK has summarized some of the guest’s viewpoints and would like to share them with you.

What kind of new order will emerge globally in the future?

The international order that we are familiar with and has supported the development of individuals, businesses, and countries over the past 40 years has come to an end.

This old order, described neutrally as the ‘post Cold War international order’, was established from 1989 to 1991 and has lasted until recent years. Its characteristics are: openness, connectivity, and global market. This order can basically be said to have come to an end.

The future is not a ‘transitional period’, but a new order has begun, but we cannot yet determine its shape. Its basic characteristic may be ‘based on the nation-state’.

But I’m not sure if it will become multipolar or polarized between China and the United States. From the current policies of Trump, it is more likely to develop towards multipolarity.

Now, the world is undergoing a new combination and reconstruction, and the trend is no longer an interconnected global system, but more regional segmentation and interest grouping. This will not be a matter of one or two years, but will continue for decades, possibly twenty or thirty years or even longer.

In a turbulent market environment, what is the way to manage wealth through cycles? Noah’s guest believes that the success of wealth management cannot be separated from several principles that run through all stages:

Firstly, the duration of market entry is far more important than the timing of entry. Buffett is like this, only with a long slope and thick snow can he build a real snowball. Time is the best friend of compound interest, relying on short-term judgment to grasp timing is not as good as long-term holding to accumulate returns.

Secondly, a reasonable allocation of diversified assets. ‘Don’t put all your eggs in one basket’ is already common investment knowledge, but true allocation is not just about ‘diversification’, but also about understanding the correlations between assets and building resilient investment portfolios.

Thirdly, correctly understand and take risks. Risk and return always go hand in hand. Even if investors want to completely avoid risks, they will still be exposed to the risk of inflation. Meanwhile, emotional interference is an invisible killer. Market fluctuations are inevitable, but greed, fear, and conformity are the three emotions that need to be overcome the most.

Fourth, regularly review and dynamically adjust asset structure. The market is changing, the environment is changing, and our configuration cannot remain unchanged. Especially in the current context of complex Sino US relations and frequent information fluctuations, it is even more important to remain calm and avoid being influenced by short-term emotions for long-term judgments.

The market is unpredictable, but strategies can be effective. When the situation becomes increasingly complex, the elimination method may be a more reliable way of judgment: first identify the risks that must be avoided, and then look for opportunities that can be seized.

Tailored for Southeast Asia, Honored with German Red Dot Award, Midea Numen AC Brings Innovative Designs


ESSEN, GERMANY – Media OutReach Newswire – 30 May 2025 – Midea, the world’s No.1 residential inverter air conditioner company, has reached a new milestone as its Midea Numen air conditioner won the prestigious German Red Dot Product Design Award 2025. Featuring an AI system and innovative structural design, Numen enhances energy efficiency and cooling experience, quickly gaining popularity in Malaysia and Thailand.

Midea Numen AC for Southeast Asia Earns German Red Dot Award for Groundbreaking Designs
Midea Numen AC for Southeast Asia Earns German Red Dot Award for Groundbreaking Designs

Powered by the advanced AI ECOMASTER system, Numen balances energy saving with optimal comfort by adapting to environmental conditions and user preferences. With precise temperature control of ±0.3°C and verified 30% extra energy savings, it delivers smart, efficient cooling. Complementing this, Midea’s cutting-edge inverter technology—backed by 27 years of development and over 3,300 patents—ensures high performance and reliability.

Numen improves user experience with COOLFLASH technology that drops room temperature by 5°C within 10 minutes, even during extreme heat of up to 55°C. Its upgraded I-Clean frost cleaning removes more dust and bacteria, while the AIR MAGIC ion generator eliminates viruses efficiently. Designed for Southeast Asia’s humid climate, it uses Prime Guard’s six-layer protection including anti-corrosion copper tubes and UV-coated PCBs for durability. Thai and Malaysian customers are surprised by its cooling effectiveness, quiet operation, and reliable service.

Numen’s innovative PULL-DOWN STRUCTURE revolutionizes installation and maintenance by providing easy access to internal components, reducing PCB replacement to 74 seconds and motor replacement by 72%. For users, it

simplifies cleaning with a taller air outlet and easily removable louvers, ensuring long-term efficiency and less downtime.

With over 20 years of overseas market cultivation, Midea has established manufacturing and R&D centers in Southeast Asia, focusing on localized design and production. Committed to advancing inverter technology, Midea aims to deliver energy-efficient, user-friendly air conditioners that meet practical consumer needs in the region.

Midea Official Website
Thailand https://www.midea.com/th
Malaysia https://www.midea.com/my
Indonesia https://www.midea.com/id
Vietnam https://www.midea.com/vn
The Philippines https://www.midea.com/ph

Hashtag: #Midea

The issuer is solely responsible for the content of this announcement.

130+Harvard students enter Noah ARK: an immersive dialogue about wealth, culture, and the future

SHANGHAI, May 30, 2025 /PRNewswire/ — Recently, the Noah ARK DeepNOAH global talent development brand event “A WARM WELCOME TO HARVARD” was warmly held at the Noah Wealth N+Square. Mr. Pan Qing, CFO of Noah Holdings and CEO of ARK Hong Kong, attended the event and delivered a speech, opening a window of wisdom for over 130 students from around the world at Harvard Business School to understand China’s wealth management system. Mr. Yin Hao, a Harvard alumnus and the General Manager of Olive AM International Private Equity Fund Division, also sent warm greetings and blessings to the younger students through a video.

During the event, Noah ARK specially planned immersive cultural and artistic experiences, leading students to perceive cross-cultural integration and gain a deeper understanding of the values and aesthetics behind wealth management. Chinese characteristics for N+tour, making students laugh constantly.

1、 DeepNOAH is deeply rooted and adheres to its original intention

For over 20 years, Noah ARK has built industry-leading wealth management organizational transformation wisdom and created exclusive talent growth codes. Make Noah ARK not only one of the preferred wealth management platforms for Chinese people worldwide, but also a smart harbor for top universities to accumulate talent and a platform to achieve their ideals.

As an important component of Noah’s ARK Global Talent Development Program, DeepNOAH aims to create a deep communication platform that connects top universities, cutting-edge ideas, and young leaders around the world. DeepNOAH is rooted in Noah ARK’s culture of “wealth above, wisdom in life” – we hope to guide our clients to think about how to achieve longer-term and more impactful life goals through the accumulation and management of wealth. The core of achieving this great feat is’ people ‘, not only building deep connections with global Chinese wealth managers, but also creating connections with the world’s top young elites. Therefore, DeepNOAH also means “deeply rooted, committed to the original intention”.

2、 A place where global leaders and talents meet again, allowing diverse wisdom to collide and create different fireworks

In his sharing, Mr. Pan Qing not only talked about his personal academic and career path, but also brought in-depth interpretations of key issues such as the dynamics of China’s financial market, wealth management logic, and changes in customer needs under the transformation of AI technology, winning applause from the audience.

Mr. Pan Qing pointed out that the emotions of Chinese wealth managers around the world have changed. Based on Noah ARK’s wealth management philosophy, we are always leading our clients to make decisions that meet current and future investment needs. We always emphasize that risk is an inherent characteristic of financial markets and cannot be completely avoided. We suggest that clients take constructive actions to proactively manage risks by adjusting configurations. “

In addition, Mr. Pan Qing also emphasized DeepNOAH’s original intention. Noah ARK will uphold an open mind, rely on deep industry experience and global layout, continue to empower young global leaders, and accompany them to see further and walk more steadily on the path of wealth management and life.

3、 Noah N+Square carries infinite imagination of wealth and lifestyle

In addition to in-depth dialogue and communication, many Harvard Business School students have praised Noah Shanghai N+Square endlessly. It is not only a field for exploring wealth and wisdom, but also a “touchable museum” that carries the infinite imagination of global Chinese people about future wealth and lifestyle.

This home that can satisfy the unlimited imagination of global Chinese wealth managers is built by the world’s top Norman Foster+Partners architectural firm. Norman Foster, the founder of the firm, is hailed as a representative figure of the “high-tech” architectural style and has won the 21st Pritzker Architecture Award. His representative works include world-class landmarks such as Apple Park (headquarters of Apple Inc.), HSBC Building in Hong Kong, Commercial Bank Building in Frankfurt, and The Gherkin in London.

Here, Harvard Business School students shuttle through spaces filled with an artistic atmosphere, where they can encounter art treasures of different eras and styles at the slightest turn – an immersive experience that integrates finance, culture, and aesthetics.

The story of DeepNOAH continues. In the future, Noah ARK will continue to collaborate with top talents from around the world to create a smart blueprint in the field of wealth management, moving towards a more sustainable and valuable shared vision.

DFI Retail Group Divests Shares in Robinsons Retail


HONG KONG SAR – Media OutReach Newswire – 30 May 2025 – DFI Retail Group Holdings Limited (‘DFI’ or the ‘Group’) today announces the sale of 315,309,310 common shares in Robinsons Retail Holdings, Inc. (‘RRHI’), representing approximately 22.2% of RRHI’s outstanding shares. This transaction reflects DFI’s strategic pivot from a portfolio investor to a focused operating company, enabling the Group to divest minority positions and redeploy capital to support the growth and higher returns of subsidiary businesses.

DFI first became a significant minority shareholder in RRHI in 2018 through the share-for-share swap transaction involving Rustan Supercenters, Inc.

Following this divestment, the Group will review the use of the divestment proceeds to support its capital allocation strategy and long-term growth priorities which include – but not be limited to – expanding digital retail media, advancing own brand innovation, and enhancing omnichannel capabilities across its key markets.

DFI remains confident in RRHI’s long-term prospects and the continued success of their exclusive distribution of Meadows and Guardian brands.

Scott Price, Group Chief Executive of DFI Retail Group, said, “We would like to sincerely thank the Robinsons Retail team for their hard work, partnership, and commitment over the years. Our collaboration has been instrumental in growing our presence in the Philippines, and we look forward to continuing this strong relationship as we each focus on our strategic priorities.”

“This transaction represents a significant step in our evolution as an operating company, enabling us to redeploy capital to support growth and enhance shareholder returns across our subsidiary businesses. We will evaluate the deployment of divestment proceeds to ensure alignment with our capital allocation strategy and long-term growth ambitions.”

The transaction was executed via a special block sale on the Philippine Stock Exchange, with pricing agreed upon based on prevailing market conditions and strategic considerations.
Hashtag: #DFIRetailGroup

The issuer is solely responsible for the content of this announcement.

DFI Retail Group

DFI Retail Group is a leading Asian retailer, driven by its purpose to ‘Sustainably Serve Asia for Generations with Everyday Moments’.

As at 31 December 2024, the Group, its associates and joint ventures operated over 10,700 outlets, of which more than 5,000 stores were operated by subsidiaries. The Group, together with associates and joint ventures, employed over 190,000 people, with over 45,000 people employed by subsidiaries. The Group had total annual revenue in 2024 of US$24.9 billion and reported revenue of US$8.9 billion.

The Group is dedicated to delivering quality, value and service to Asian consumers through a compelling retail experience, supported by an extensive store network and highly efficient supply chains.

The Group, including associates and joint ventures, operates a portfolio of well-known brands across six key divisions: health and beauty, convenience, food, home furnishings, restaurants and other retailing.

The Group’s parent company, DFI Retail Group Holdings Limited, is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s businesses are managed from Hong Kong. DFI Retail Group is a member of the Jardine Matheson group.